Thermoguard UK Ltd
Registered name: THERMOGUARD UK LTD
Part of Afador Holdings Ltd groupThermoguard UK Ltd made £2.7m revenue and £34.8k profit in the year to 31 May 2025.
Thermoguard UK Ltd’s revenue fell 13% to £2.7m in the year to 31 May 2025, with £34.8k profit and 4 employees. The company is classified under “manufacture of paints, varnishes and similar coatings, mastics and sealants” and is based in Glossop; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Glossop, North West
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £3.1m | £2.7m |
| Cost of sales | — | — | £2.5m | £1.9m |
| Gross profit | — | — | £677k | £848k |
| Operating profit | — | — | −£18.4k | £35.6k |
| Profit before tax | — | — | −£18.3k | £37.2k |
| Profit after tax | −£17.6k | −£37.5k | −£22.7k | £34.8k |
| Profit (best available) | −£17.6k | −£37.5k | −£22.7k | £34.8k |
| Employees (average) | 3 | 3 | 3 | 4 |
| Ratios | ||||
| Profit margin | — | — | −0.7% | 1.3% |
| Gross margin | — | — | 21.6% | 31.2% |
| Revenue per employee | — | — | £1m | £679k |
| Profit per employee | −£5.9k | −£12.5k | −£7.6k | £8.7k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼13.4% |
| Headcount growth | — | 0% | 0% | ▲33.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £24.9k | £32.9k | £8.9k | £43.8k |
| Net assets | £50k | £12.5k | −£10.1k | £24.7k |
| Fixed assets | £29.4k | £26.9k | £37.9k | £47.3k |
| Current assets | £756k | £806k | £1.3m | £1.8m |
| Debtors | £365k | £426k | £586k | £669k |
| Deferred income | £305k | £51.8k | £343k | £331k |
| Source | Accounts · bulk data Feb 2024 | Accounts · bulk data Feb 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Apr 2026 |
How the business works
- Profit margin
- 1.3%
- Profit ÷ revenue.
- Gross margin
- 31.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £679k
- Revenue ÷ average employees.
- Profit per employee
- £8.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 12.2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 24.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now £24.7k
- Cash at bank
- ▲395%
- Now £43.8k
- Headcount
- ▲33%
- Now 4
- Deferred income
- ▼3%
- Now £331k
- Fixed assets
- ▲25%
- Now £47.3k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Afador Holdings Ltd (registered outside the UK register)ultimate parent75–100%
- Thermoguard UK Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 May 2025 (profit £34.8k), from the Companies House accounts bulk data published Apr 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.